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...However, the housing market has been slow to reflect the rising risk....
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...Paul Hackett, chief executive of Southern Housing, one of the largest housing associations, said the group had stopped all new development for 2024 and 2025....
...Instead, a bundle of interrelated policy changes are required (“Gove weakening of housing targets frees councils to axe developments”, Report, March 21)....
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...But those depressed by the state of the UK housing market will be even less so....
...The Tories have faced increasing criticism of their approach to addressing housing supply after an influential caucus of anti-development backbench MPs forced the government into planning policy changes...
...Upcoming elections in the US, ongoing conflict in Ukraine and now the eruption of hostilities between Israel and Iran are all weighing on policymakers’ minds....
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